British American Tobacco p.l.c. (LON:BATS - Get Free Report) shares hit a new 52-week high during trading on Thursday after Citigroup raised their price target on the stock from GBX 3,600 to GBX 3,900. Citigroup currently has a buy rating on the stock. British American Tobacco traded as high as GBX 3,713 ($50.44) and last traded at GBX 3,708 ($50.37), with a volume of 29071916 shares trading hands. The stock had previously closed at GBX 3,599 ($48.89).
Insiders Place Their Bets
In other news, insider Tadeu Marroco acquired 206 shares of British American Tobacco stock in a transaction on Monday, May 12th. The shares were purchased at an average price of GBX 3,379 ($45.90) per share, with a total value of £6,960.74 ($9,456.24). In the last ninety days, insiders have bought 829 shares of company stock valued at $2,751,446. Company insiders own 10.55% of the company's stock.
British American Tobacco Stock Performance
The stock has a market cap of £82.76 billion, a P/E ratio of -6.07, a PEG ratio of 3.12 and a beta of 0.27. The stock has a fifty day simple moving average of GBX 3,407.93 and a 200-day simple moving average of GBX 3,203.72. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63.
British American Tobacco Company Profile
(
Get Free Report)
BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.
BAT is transforming and is well positioned with a global footprint and multi-category portfolio.
See Also
Before you consider British American Tobacco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and British American Tobacco wasn't on the list.
While British American Tobacco currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.